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 Bitcoin RSI copies 2017 bull run as trader says 75K key for BTC price

Bitcoin RSI copies 2017 bull run as trader says 75K key for BTC price


Published: 2024-05-24


1. **Bitcoin Price Rally**: The article discusses the comparison of the current Bitcoin price rally with the one in 2017. The author highlights how the Relative Strength Index (RSI) is following a similar pattern to the 2017 bull run. This indicates a potential price movement towards $75,000 for Bitcoin.

2. **Trader Sentiment**: Traders are closely monitoring the RSI indicator to make decisions regarding their Bitcoin holdings. The article suggests that the RSI reaching levels seen during the 2017 bull run can influence trader sentiment and potentially drive the price of Bitcoin to new highs.

3. **Market Analysis and Speculation**: The article delves into expert analysis and speculation surrounding the current market conditions for Bitcoin. By comparing the current RSI trends with historical data,market analysts are predicting a bullish momentum that could lead to significant price growth for Bitcoin in the near future.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,335.80 2,786,200,889.10
2 BTC title=BTC 61,652.55 1,839,821,690.46
3 ETH title=ETH 3,383.62 741,521,679.23
4 COP title=COP 4,039.00 632,697,796.00
5 PEPE title=PEPE <0.01 527,159,369.09
6 SOL title=SOL 136.95 501,448,639.35
7 WIF title=WIF 2.03 236,210,035.52
8 XRP title=XRP 0.47 112,734,704.27
9 LISTA title=LISTA 0.69 101,174,787.61
10 DOGE title=DOGE 0.13 93,763,440.98
11 FLOKI title=FLOKI <0.01 77,070,640.58
12 ORDI title=ORDI 37.70 73,438,852.96
13 PEOPLE title=PEOPLE 0.09 70,821,322.12
14 BONK title=BONK <0.01 63,981,808.54
15 BOME title=BOME <0.01 50,593,497.25
16 IO title=IO 3.46 49,808,640.49
17 NEAR title=NEAR 5.36 45,838,073.11
18 ZK title=ZK 0.16 45,570,257.20
19 WLD title=WLD 2.90 36,188,137.20
20 LDO title=LDO 2.35 35,110,014.32
21 AVAX title=AVAX 25.50 34,757,236.01
22 RUNE title=RUNE 4.18 34,073,472.70
23 FTM title=FTM 0.58 33,886,376.31
24 ZRO title=ZRO 2.68 32,284,707.86
25 PENDLE title=PENDLE 5.53 32,260,382.56
26 CRV title=CRV 0.32 29,599,069.42
27 RNDR title=RNDR 7.62 28,935,793.98

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 BinaryX title=BNX 1.17 +14.13
2 Orion title=ORN 1.78 +13.31
3 Bluzelle title=BLZ 0.27 +12.58
4 MovieBloc title=MBL <0.01 +8.54
5 Stacks title=STX 1.72 +6.49
6 Ethereum Name Service title=ENS 24.89 +6.19
7 dogwifhat title=WIF 2.03 +6.17
8 IQ title=IQ <0.01 +6.02
9 Maker title=MKR 2,337.00 +5.65
10 Siacoin title=SC <0.01 +5.60
11 Dusk title=DUSK 0.32 +5.44
12 Pepe title=PEPE <0.01 +5.23
13 Aergo title=AERGO 0.09 +4.64
14 Ardor title=ARDR 0.07 +4.52
15 Stratis title=STRAX 0.05 +4.38
16 Pundi X title=PUNDIX 0.39 +4.19
17 Ethena title=ENA 0.59 +3.72
18 WOO title=WOO 0.22 +3.62
19 StormX title=STMX <0.01 +3.21
20 Theta Network title=THETA 1.61 +3.07
21 Loom Network (NEW) title=LOOM 0.06 +2.79
22 ORDI title=ORDI 37.70 +2.73
23 Biconomy title=BICO 0.39 +2.71
24 COMBO title=COMBO 0.66 +2.69
25 MANTRA title=OM 0.73 +2.69
26 WAX title=WAXP 0.04 +2.50
27 Klaytn title=KLAY 0.16 +2.47
28 1000SATS (Ordinals) title=1000SATS <0.01 +2.32
29 BTTC <0.01 +2.30
30 Theta Fuel title=TFUEL 0.08 +2.27

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Cream title=CREAM 66.74 -7.92
2 Convex Finance title=CVX 2.82 -7.88
3 Pendle title=PENDLE 5.53 -7.69
4 Blur title=BLUR 0.24 -5.62
5 Metal DAO title=MTL 1.30 -5.23
6 Lista DAO title=LISTA 0.69 -5.06
7 Sleepless AI title=AI 0.69 -4.99
8 Kava Lend title=HARD 0.13 -4.92
9 Sui title=SUI 0.86 -4.85
10 LayerZero title=ZRO 2.68 -4.80
11 AdEx title=ADX 0.17 -4.53
12 NEAR Protocol title=NEAR 5.36 -4.39
13 Axelar title=AXL 0.55 -4.26
14 JasmyCoin title=JASMY 0.03 -4.21
15 Celestia title=TIA 6.64 -4.05
16 Portal title=PORTAL 0.49 -3.96
17 ZKsync title=ZK 0.16 -3.79
18 Sei title=SEI 0.36 -3.77
19 Massive Protocol title=MAV 0.29 -3.69
20 Gnosis title=GNO 285.60 -3.61
21 Xai title=XAI 0.47 -3.59
22 Arweave title=AR 28.60 -3.44
23 Fantom title=FTM 0.58 -3.41
24 Galxe title=GAL 2.27 -3.29
25 Synthetix Network title=SNX 2.01 -3.27
26 Rocket Pool title=RPL 22.42 -3.24
27 Mandala Exchange title=MDX 0.04 -3.22
28 DODO title=DODO 0.13 -3.22
29 Lido DAO title=LDO 2.35 -3.22
30 Tranchess title=CHESS 0.14 -3.20

Bitcoin's Greed and Fear Index.

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46
Fear

Global CryptoCurrency News

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at news date
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5 New wave of GameFi projects are costing millions of dollars to develop 2024-06-25
6 Bitcoin taps 62K as 6 BTC price rebound runs into stubborn US dollar 2024-06-25
7 Colosseum raises 60M to support Solanas hackathon teams 2024-06-25
8 Blockchain has a role to play in countering the ill effects of AI 2024-06-25
9 CEO of defunct yield protocol says user deposits werent 039principal protected039 2024-06-25
10 VanEck files form 8 A for spot Ether ETF approval timeline revealed 2024-06-25
11 Bitcoin analysts forecast BTC price drop to 50K before parabolic run begins 2024-06-25
12 039Privacy minded039 CBDCs are a wolf in sheeps clothing 2024-06-25
13 Iranian officials decry blockchain game 039Hamster Kombat039 as soft power tool 2024-06-25
14 Julian Assange freed from jail after plea deal with US 2024-06-25
15 Bitcoin will protect the wealth that AI creates Pompliano 2024-06-25
16 Bitcoin sentiment index drops to fear its lowest score in 18 months 2024-06-25
17 Mt Gox repayments wont be as bad for Bitcoin as you think 2024-06-25
18 AI tokens rally as NVIDIA slumps 13 from market cap peak 2024-06-25
19 Alex Lab points to Lazarus Group after last month039s 4M exploit 2024-06-25
20 Survival games as Bitcoin hash price skirts near all time low 2024-06-25
21 Coinbase is the most impersonated crypto brand by scammers Report 2024-06-24
22 Tether halts USDT minting on Eos and Algorand 2024-06-24
23 Why are traders shorting Michael Saylors MicroStrategy 2024-06-24
24 Bitcoin miner Hut 8 lands 150M investment amid AI boom 2024-06-24
25 Over 122M Bitcoin longs liquidated as BTC falls below 61K 2024-06-24
26 Nvidia launches in Middle East amid US AI export clampdown Report 2024-06-24
27 Riot seeks three Bitfarms board members says it holds 149 stake 2024-06-24
28 4 week correction for Bitcoin Mt Gox Germany gov039t add sell pressure 2024-06-24
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32 Bitcoin offers economic immortality will reach 10M per coin Michael Saylor 2024-06-24
33 Dogwifhat falls out of top 50 tumbles 38 over past 7 days 2024-06-24
34 Asset tokenization to reach 2T by 2030 despite cold start McKinsey 2024-06-24
35 Bitcoin Lightning hacker Burak introduces new layer 2 Brollups 2024-06-24
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38 Mark Cuban claims his Gmail was hacked after receiving hoax call 2024-06-23
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48 Bitcoin miners are treading water but no alarms of a total firesale 2024-06-22
49 Nigeria rejects claims of poor prison conditions health for Binance exec 2024-06-22
50 Rapper 50 Cent claims X account was hacked to promote celeb memecoin 2024-06-22

US news that has a significant impact on the market

at news day date time
1 New Home Sales Wednesday 26-06-2024 15:00
2 Crude Oil Inventories Wednesday 26-06-2024 15:30
3 Final GDP q/q Thursday 27-06-2024 13:30
4 Unemployment Claims Thursday 27-06-2024 13:30
5 Core Durable Goods Orders m/m Thursday 27-06-2024 13:30
6 Durable Goods Orders m/m Thursday 27-06-2024 13:30
7 Final GDP Price Index q/q Thursday 27-06-2024 13:30
8 Goods Trade Balance Thursday 27-06-2024 13:30
9 Prelim Wholesale Inventories m/m Thursday 27-06-2024 13:30
10 Pending Home Sales m/m Thursday 27-06-2024 15:00
11 Natural Gas Storage Thursday 27-06-2024 15:30
12 Bank Stress Test Results Thursday 27-06-2024 21:30
13 President Biden Speaks Friday 28-06-2024 02:00
14 FOMC Member Barkin Speaks Friday 28-06-2024 11:00
15 Core PCE Price Index m/m Friday 28-06-2024 13:30
16 Personal Income m/m Friday 28-06-2024 13:30
17 Personal Spending m/m Friday 28-06-2024 13:30
18 Chicago PMI Friday 28-06-2024 14:45
19 Revised UoM Consumer Sentiment Friday 28-06-2024 15:00
20 Revised UoM Inflation Expectations Friday 28-06-2024 15:00
21 FOMC Member Bowman Speaks Friday 28-06-2024 17:00

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